Carver Bancorp agrees to exchange stock for debt relief
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Carver Bancorp, Inc. Announces Agreement with Holders of Trust Preferred Securities to Cancel Interest in Exchange for Shares of Common Stock
March 16, 2026 9:08 AM EDTSignificantly Advances Carver's Strategy to Improve Capital Position, Reduce Debt Load and Position the Bank to Deliver More for Its Stockholders and All Stakeholders
NEW YORK, March 16, 2026 /PRNewswire/ -- Carver Bancorp, Inc. (the "Company") (OTCQB: CARV), the holding company for Carver Federal Savings Bank (the "Bank"), today announced that it has entered into an agreement with institutional holders of its Trust Preferred Securities (the... More
